00:00It's Benzinga bringing Wall Street to Main Street.
00:02The National Highway Traffic Safety Administration said it is closing an investigation into Tesla's
00:07actually smart summon feature that could have affected over 2.59 million vehicles,
00:12according to Benzinga. The agency said incidents caused minor property damage with no injuries
00:17or loss of life and occurred early in sessions due to poor visibility. The agency said the
00:22closure does not mean safety defects do not exist, but said Tesla's software updates did
00:27not warrant further review. Investor Ross Gerber criticized Tesla's full self-driving system
00:32for operating at only level 2 capability, according to the Society of Automotive Engineers.
00:37The agency is continuing a separate engineering analysis of Tesla's full self-driving system,
00:42a stage that usually precedes a recall. Shares fell 4.04% to $365.85 in pre-market trading on
00:50Monday.
00:50For all things money, visit Benzinga.com.
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